Near North Side dominates Chicago’s 5 priciest resi listings

The priciest home listed last week was also on the market last summer, and has not dropped its asking price

TRD CHICAGO /
Aug.August 21, 2019 12:00 PM
Clockwise from left: 1521 North State Parkway, 1040 North Lake Shore Drive, 65 East Bellevue Place, and 21 East Huron Street (Credit: Redfin)

Clockwise from left: 1521 North State Parkway, 1040 North Lake Shore Drive, 65 East Bellevue Place, and 21 East Huron Street (Credit: Redfin)

The owner of a Gilded Age mansion has put his home back on the market, hoping to find a buyer theGold Coast residence.

The home at 1521 North State Parkway — now selling for $10.3 million — was the priciest of the top five new residential listings in Chicago last week.

Collectively, last week’s top five are seeking over $25 million. Two of the homes are single-family — both in the Gold Coast — while the three others are for Near North Side condo units.

Like a lot of luxury listings, the owner of the home AT 1521 North State, is giving it a second go, in an effort to cut through the glut of high-end inventory.

Chicago’s Downtown condo sector has been propelling the local luxury market, but much of that success has been limited to new construction condo buildings. Condo resales, like single-family home sales, are having a rougher time.

Price and property details were found using Redfin and records on PropertyShark.

1521 North State Parkway | Gold Coast | $10.3 million

This nearly 10,000-square-foot home was built in 1894 by famed architect George Maher and includes seven bedrooms and eight bathrooms. There’s only three homes on this secluded Gold Coast block. The home was relisted last week after hitting the market in August 2018, when dentist Enrique Hernandez listed the home, also for $10.3 million. He bought the home in 2012 for $4.6 million and spent an unspecified amount on renovations. Doug Smith of @properties has the listing.

400 West Ontario, Penthouse | River North | $4.85 million

A private elevator leads up to this 6,800-square-foot penthouse that has four bedrooms and four-and-a-half bathrooms. A 2,400-square-foot wraparound terrace provides panoramic views of the city. It is located in the Gallery 400 building, which was delivered in 1999, according to Redfin. Benyamin Lalez of Compass has the listing.

65 East Bellevue Place | Gold Coast | $3.9 million

This 8,000-square-foot Art Deco single-family home includes four bedrooms, five bathrooms, four fireplaces, two wet bars and a two-car garage. The interior has been redesigned with modern flourishes, according to Redfin. Duane Shumaker of Jameson Sotheby’s International Realty has the listing.

21 East Huron Street, #4401 | River North | $3.3 million

This penthouse unit in River North’s the Pinnacle building is nearly 4,000 square feet and includes three bedrooms, three-and-a-half bathrooms and three garage spaces. Amenities in the building include a pool, gym, game room and dog area. The building was delivered in 2004. Listing the unit is Sharon Glickman of Baird & Warner.

1040 North Lake Shore Drive, Unit 36BC | Gold Coast | $2.99 million

This unit in the Midcentury Modern Carlyle building has 5,000 square feet, four bedrooms, four-and-a-half bathrooms, an office and a lake-facing balcony. The Carlyle was built in 1964 and includes access to a ballroom, gym, indoor pool, rooftop sundeck and valet parking. Natasha Motev of Jameson Sotheby’s International Realty has the listing.


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